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Beyond GDP Stewart- Wallis-nef-22feb-2012

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Global Utmaning
Global Utmaning

A presentation held by mr Stewart Wallis, head of New Economic Foundation at a seminar with Swedish think tank Global Utmaning (Global Challenge) and Miljöpartiet (Swedens green party

TechnologyEconomy & Finance
1 of 23
Beyond GDP Need for a Great Transition Stewart Wallis Executive Director nef (the new economics foundation) Email: [email_address] Web: www.neweconomics.org
4 ‘U’s of economics ,[object Object],[object Object],[object Object],[object Object]
Myths and Half-Truths ,[object Object],[object Object],[object Object],[object Object],[object Object]
Goal of a good economy Achieve high well-being and social justice within fair ecological limits
Need for a Great Transition
Key Components ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
“ What gets measured gets done”
The Gross National Product measures everything except that which makes life worthwhile.” Robert Kennedy 18th March 1968 “
Relying on GDP alone would be like driving a car only looking at the speedometer…
But other indicators are necessary to assess the success of a policy.
Goal of a good economy Achieve high well-being and social justice within fair ecological limits
Flourishing ,[object Object],[object Object]
 
Personal flourishing Connect... Be active... Take notice... Keep learning... Give...
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],External conditions
UK Government measuring well-being as a headline indicator ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
To those who say that all this sounds like a distraction from the serious business of government, I would say that finding out what will really improve lives and acting on it is actually the serious business of government .” UK Prime Minister David Cameron, 2010 “
Implications for policy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object]
Framework for measuring societal progress
Happy life years and ecological footprint for 143 countries USA
[object Object],[object Object],Profound consequences for economics
STEWART WALLIS nef (the new economics foundation) www.neweconomics.org

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Beyond GDP Stewart- Wallis-nef-22feb-2012

  • 1. Beyond GDP Need for a Great Transition Stewart Wallis Executive Director nef (the new economics foundation) Email: [email_address] Web: www.neweconomics.org
  • 2.
  • 3.
  • 4. Goal of a good economy Achieve high well-being and social justice within fair ecological limits
  • 5. Need for a Great Transition
  • 6.
  • 7. “ What gets measured gets done”
  • 8. The Gross National Product measures everything except that which makes life worthwhile.” Robert Kennedy 18th March 1968 “
  • 9. Relying on GDP alone would be like driving a car only looking at the speedometer…
  • 10. But other indicators are necessary to assess the success of a policy.
  • 11. Goal of a good economy Achieve high well-being and social justice within fair ecological limits
  • 12.
  • 13.  
  • 14. Personal flourishing Connect... Be active... Take notice... Keep learning... Give...
  • 15.
  • 16.
  • 17. To those who say that all this sounds like a distraction from the serious business of government, I would say that finding out what will really improve lives and acting on it is actually the serious business of government .” UK Prime Minister David Cameron, 2010 “
  • 18.
  • 19.
  • 20. Framework for measuring societal progress
  • 21. Happy life years and ecological footprint for 143 countries USA
  • 22.
  • 23. STEWART WALLIS nef (the new economics foundation) www.neweconomics.org